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Vhum Moo-ving forward: Dairy Crest on track for full-year targets as Cathedral City and Clover brands milk revenues
 Tuesday 08 July 2014 7:56 am|Updated:Friday 07 June 2019 12:48 amChinese company approved to bu polene ild $40bn, 172-mile canal across NicaraguaBy: Billy EhrenbergShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleNicaragua looks set to get a $40bn canal that willspan the country after a committee signed off on the project.The canal will be built by the Hong Kong Nicaragua Canal Development Investment Company  HKND , headed by Chinese tycoon and lawyer Wang Jing.The waterway will be 172 miles in length, making it more than three times longer than the Panama canal, which took  brumate canada the Americans 10 years to build between 1904 and 1914.Here is a video  in Spanish  showing the proposed path for the hugely ambitious project. According to Reuters, the canal would pass through Lake Nicaragua, the biggest lake in Central America, and be between 230 and 520 metres wide and 27.6 metres deep.This means the canal would hold at least 1,76 trillion litres of water ndash; enough for Thames Water to provide for its 15m customers every day for one year, 310 days and 17 hours.China is a major investo stanley uk r in Latin America ndash; last year Chinese oil companiesbought a third of Ecador s rainforest.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel sh Sblm Wells Fargo: Unexpected earnings leap takes Wall Street by surprise
 Tuesday 27 October 2009 8:00 pm|Updated:Friday 31 May 2019 6:10 pmVisa beats expectationsBy: admindrupalShareFacebookShare on FacebookXShare on TwitterLinkedInSh stanley de are on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleVISA posted higher-than-expected quarterly earnings last night, as consumers used their debit cards more.Net income was $514m  pound;314m , or 69 cents a share, for the fourth quarter ending 30 Septemb stanley canada er, compared with a net loss of $356m last year.The worldrsquo  largest payment network increased its quarterly dividend by 19 per cent and authorized a $1bn share repurchase plan. Visa is partly insulated from the credit crisis because it processes transactions instead of lending funds. But the company has seen a slowdown in the growth of revenue and transaction volumes as consumers use their credit cards less.We are beginning to see some very early signs of stabilisation in our business, said chief executive Joseph Saunders. Visa forecast capital expenditures of up to $250m for 2010, one-third less than in 2009.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessRelated TopicsNULLTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelledClairestanley quencher rsquo  Accessories to launch UK high street comebackAfter Santanderrsquo  TSB takeover ndash; who are the top players in UK bank